Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Independent Electrical Contractors
990EZ • Fiscal year 2023 • EIN 84-1381513
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.27x
Liabilities / Revenue
72nd percentile
Higher debt load relative to revenue than 72% of similar nonprofits.
Net Margin
37th percentile
Higher net margin than 37% of similar nonprofits.
Top Officer Pay
98th percentile
Higher top officer pay than 98% of similar nonprofits.
Top officer pay equals 79.0% of source-year revenue.
Asset Growth
29th percentile
Faster asset growth than 29% of similar nonprofits.
Revenue Growth
44th percentile
Faster revenue growth than 44% of similar nonprofits.
Balance Sheet
Assets
Down$43,720
Down $5,172 (-11%) from 2022
Net Assets
Down$31,822
Down $6,674 (-17%) from 2022
Liabilities
Up$11,898
Up $1,502 (+14%) from 2022
Revenue And Expenses
Revenue
Up$161,311
Up $3,825 (+2.4%) from 2022
Expenses
Up$167,985
Up $2,761 (+1.7%) from 2022
Net Income
Up-$6,674
Up $1,064 (+14%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Aug 12, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $161,311
Mission and Program Overview
Mission
See Schedule O
Program Services
| Description | Grants | Expenses |
|---|---|---|
| A network of electrical contractors was established to help member companies with staffing and management problem resolution | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Dale Weis | Executive Director | FT | $122,566 | $4,925 | $127,491 |
Filing and Contact Details
Filer
- Filer Name
- Independent Electrical Contractors
- EIN
- 84-1381513
- Address
- 2345 N Academy Blvd, Colorado Springs, CO 80909
Signing Officer
- Name
- Dale Weis
- Title
- Executive Direc
- Phone
- 7195963688
- Signed
- 2024-08-12
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Abacus Tax and Accounting Inc
- Address
- 1401 POTTER DR STE 202, COLORADO SPRINGS, CO 80909-3500
- Preparer
- Cristy Moore
- Phone
- 7193800469
Supplemental Narrative
Additional Explanations
General explanation attachment
“Part III Primary Exemp Purpose: To provide member services including sharing employees, management problem resolutions and assisting members in all aspects of the electrical contracting business.”
Description of other revenue Part I line 8
“Description AmountAdministration Fees 265Cash Over/Short 54”
Description of other expenses Part I line 16
“Description AmountNational Dues 26,536Payroll Tax Expense 9,839Computer Expenses 647Accounting 2,000Payroll Processing 14Tax Preparation 480Director Auto Allowance 1,200Director Phone Allowance 400Director and Officer Insurance 1,200”
Description of other assets Part II line 24
“Category Beginning of Year End of YearOther Current Asset 12,079 13,195Accounts Recievable 0 5,006”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearPayroll Liabilities 10,396 11,898”
Raw XML Appendix101 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | Dale Weis |
| CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt | 0 | W-2 Wages |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 3103 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Cristy Moore |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7194824140 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 509 W Harrison St |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Colorado Springs |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CO |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 80907 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 36813 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 25519 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -6674 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 48892 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 43720 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 2000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 161311 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 123 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 158869 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 38496 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 31822 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 38496 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 31822 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 122566 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 2125 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 2800 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Dale Weis |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Executive Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 12079 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 18201 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 42316 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 319 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | See Schedule O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | A network of electrical contractors was established to help member companies with staffing and management problem resolution |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 122566 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 2000 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 10396 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 11898 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 167985 |
| IRS990EZ/TotalRevenueAmt | 0 | 161311 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.IECSCC.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Part III Primary Exemp Purpose: To provide member services including sharing employees, management problem resolutions and assisting members in all aspects of the electrical contracting business. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountAdministration Fees 265Cash Over/Short 54 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description AmountNational Dues 26,536Payroll Tax Expense 9,839Computer Expenses 647Accounting 2,000Payroll Processing 14Tax Preparation 480Director Auto Allowance 1,200Director Phone Allowance 400Director and Officer Insurance 1,200 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Category Beginning of Year End of YearOther Current Asset 12,079 13,195Accounts Recievable 0 5,006 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Category Beginning of Year End of YearPayroll Liabilities 10,396 11,898 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | General explanation attachment |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other revenue Part I line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Description of total liabilities Part II line 26 |
| ReturnHeader/BuildTS | 0 | 2024-08-08 14:25:15Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Dale Weis |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Direc |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7195963688 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-08-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Independent Electrical Contractors |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | INDE |
| ReturnHeader/Filer/EIN | 0 | 841381513 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2345 N Academy Blvd |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Colorado Springs |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CO |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 80909 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 263292889 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ABACUS TAX AND ACCOUNTING INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1401 POTTER DR STE 202 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | COLORADO SPRINGS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 809093500 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7193800469 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CRISTY MOORE |
| ReturnHeader/ReturnTs | 0 | 2024-08-13T16:00:31-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $43,720
- Liabilities
- $11,898
- Net assets
- $31,822
- Revenue
- $161,311
- Expenses
- $167,985
- Net income
- -$6,674